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Restaurant

Dutch Bros Ground Lease

23683 S Power Rd, Queen Creek, AZ 85142

Listing Price: $3,550,000

Cap Rate
5.00%
Tenant Name
Dutch Bros
Years Remaining On Lease
14.9
Gross SF
950
Guarantor
Corporate Guarantee
Rentable SF
950
Price/Gross SF
$3,736.84
Lease Type
Absolute Net
Rent Per Square Feet
$186.84

Investment Overview

Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 982 stores open in 18 states.

Queen Creek is a boom town, with exceptional climate, natural recreational riches and a relaxed, rural lifestyle. Population has nearly doubled since 2010. According to the most recent census, Queen Creek is the number one fastest growing city in the state of Arizona.

Investment Highlights

  • 15 Years Remaining on Lease Absolute NNN Ground Lease Term with Corporate Dutch Bros Guaranty (NYSE: BROS)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • 150,000+ Residents in a 5-Mile Radius - Growing Trade Area in Queen Creek
  • Households and Population Projected to Increase More Than 7.5% in the Surrounding Area Over the Next 5 Years
  • Nearby Major Tenants Include Basha's, McDonald's, Ace Hardware, and More

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Dutch Bros Ground Lease

Listing Price: $3,550,000

Cap Rate
5.00%
Tenant Name
Dutch Bros
Years Remaining On Lease
14.9
Gross SF
950
Guarantor
Corporate Guarantee
Rentable SF
950
Price/Gross SF
$3,736.84
Lease Type
Absolute Net
Rent Per Square Feet
$186.84

Investment Highlights

  • 15 Years Remaining on Lease Absolute NNN Ground Lease Term with Corporate Dutch Bros Guaranty (NYSE: BROS)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • 150,000+ Residents in a 5-Mile Radius - Growing Trade Area in Queen Creek
  • Households and Population Projected to Increase More Than 7.5% in the Surrounding Area Over the Next 5 Years
  • Nearby Major Tenants Include Basha's, McDonald's, Ace Hardware, and More

Investment Overview

Dutch Bros Coffee is one of the largest publicly-traded drive-thru coffee companies with approximately 982 stores open in 18 states. Queen Creek is a boom town, with exceptional climate, natural recreational riches and a relaxed, rural lifestyle. Population has nearly doubled since 2010. According to the most recent census, Queen Creek is the number one fastest growing city in the state of Arizona.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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